CIBC Has Lowered Expectations for Metro (TSE:MRU) Stock Price

Metro (TSE:MRU) had its target price lowered by equities research analysts at CIBC from C$105.00 to C$101.00 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The firm presently has a “neutral” rating on the stock. CIBC’s target price points to a potential upside of 11.71% from the stock’s previous close.

Other equities research analysts have also issued reports about the company. Royal Bank Of Canada lifted their price target on Metro from C$112.00 to C$113.00 and gave the company a “sector perform” rating in a research report on Friday, January 23rd. Desjardins decreased their price objective on Metro from C$105.00 to C$99.00 and set a “hold” rating for the company in a report on Wednesday. Scotiabank dropped their target price on shares of Metro from C$110.00 to C$103.00 and set an “outperform” rating on the stock in a report on Wednesday. National Bankshares reduced their target price on shares of Metro from C$107.00 to C$106.00 and set a “sector perform” rating on the stock in a research report on Wednesday. Finally, BMO Capital Markets decreased their price target on shares of Metro from C$115.00 to C$110.00 and set an “outperform” rating for the company in a research note on Wednesday. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of C$106.25.

Metro Price Performance

Shares of TSE MRU opened at C$90.41 on Wednesday. Metro has a 1 year low of C$89.13 and a 1 year high of C$109.20. The stock has a market capitalization of C$19.27 billion, a P/E ratio of 19.53, a P/E/G ratio of 4.06 and a beta of 0.11. The company’s 50-day moving average is C$98.49 and its 200 day moving average is C$98.16. The company has a debt-to-equity ratio of 62.29, a current ratio of 1.35 and a quick ratio of 0.41.

Metro (TSE:MRU) last posted its quarterly earnings data on Tuesday, January 27th. The company reported C$1.16 earnings per share for the quarter. Metro had a return on equity of 13.80% and a net margin of 4.50%.The business had revenue of C$5.29 billion for the quarter. On average, sell-side analysts expect that Metro will post 4.8188614 earnings per share for the current year.

Key Stories Impacting Metro

Here are the key news stories impacting Metro this week:

• Positive Sentiment: TD Securities cut its target from C$118 to C$113 but kept a “buy” rating, implying about 24.6% upside — a vote of confidence from a major bank. BayStreet.CA
• Positive Sentiment: BMO Capital Markets trimmed its target to C$110 (from C$115) and maintained an “outperform” rating, signaling continued upside (~21.3%) despite the cut. BayStreet.CA TickerReport
• Positive Sentiment: Scotiabank lowered its target to C$103 (from C$110) but stayed “outperform,” leaving a double-digit upside case for investors. BayStreet.CA TickerReport
• Positive Sentiment: Analysts’ consensus still skews constructive: a published consensus rating of “Moderate Buy” supports longer-term upside expectations. AmericanBankingNews
• Neutral Sentiment: Metro reported quarterly results: C$1.16 EPS on C$5.29B revenue, with a 4.5% net margin and 13.8% ROE — a solid snapshot but not clearly market-moving on its own. MarketBeat Earnings Press Release
• Neutral Sentiment: National Bankshares nudged its target down slightly to C$106 (from C$107) and labeled Metro “sector perform,” signaling limited near-term conviction. BayStreet.CA
• Neutral Sentiment: CIBC trimmed its target to C$101 and kept a “neutral” rating, suggesting modest upside but not a catalyst for aggressive buying. BayStreet.CA
• Negative Sentiment: Desjardins lowered its target to C$99 and moved to a “hold” rating — one of the more cautious notes and part of a broader pattern of target trims that may be weighing on sentiment today. BayStreet.CA

Metro Company Profile

Metro is one of the largest grocery retailers in Canada. With its 2018 acquisition of Jean Coutu, it also boasts a meaningful drugstore footprint. Noteworthy grocery banners include Metro, Metro Plus, Super C, and Food Basics, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks. It utilizes an array of business models, but it most frequently acts as either a retailer, operating individual stores, or a franchiser, licensing its trademarks and supplying merchandise to franchisees.